SEC Form 4 · accession 0001611953-18-000031
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Stagliano
Officer — EVP Ops and Retail Banking
Period of report
Mar 26, 2018
Accepted (ET)
Mar 29, 2018 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000790359
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| NBT Bancorp Inc. Common StockF1 | Mar 26, 2018 | A | 2,856 | $0.00 | A | 54,237 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 5,360 | I | 401k | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 1,577 | I | NBT Bancorp ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $20.19 | holding | — | — | — | Jan 15, 2011 | Jan 15, 2020 | NBT Bancorp Inc. Common Stock | 5,500 | 5,500 | D |
| Phantom StockF3 | — | holding | — | — | — | — | — | NBT Bancorp Inc. Common Stock | 9,901 | 9,901 | D |
Explanation of responses
- F1Pursuant to NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement the grant vests 20% annually.
- F2Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.
- F3Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.